Looking at the weekly chart of
BTCETH
BTCETH we can see that since the beginning of 2023,
BTCUSD
has been steadily advancing relatively with
ETHUSD
and has been at the new high for the last 2 weeks.
This means that for trend-following traders, BTC is clearly a preference for trading in the long direction.
This means that for trend-following traders, BTC is clearly a preference for trading in the long direction.